Key Takeaways
- • Five-time NBA all-star Kevin Love has joined Athletic Ventures as a new venture partner, according to the Australian Financial Review, as the athlete-led venture capital firm expands its presence in the United States.
- • Love, an 18-season NBA veteran and 2016 champion with the Cleveland Cavaliers, will be required to recruit athletes and connect the firm with Australian founders living in the US.
- • Athletic Ventures was co-founded by former AFL player Matthew Dellavedova and a top Australian basketballer, positioning the firm to leverage athlete networks for early-stage deal flow.
Summary
Five-time National Basketball Association all-star Kevin Love has joined Athletic Ventures, the athlete-led venture capital firm co-founded by Matthew Dellavedova, a former AFL player, and another top Australian basketballer, as the firm builds its presence in the United States, according to the Australian Financial Review.
Love has been named a new venture partner with the firm. His role requires him to recruit athletes into the firm's network and to connect Athletic Ventures with Australian founders living in the US. Love brings an 18-season NBA career to the role, including a 2016 championship with the Cleveland Cavaliers alongside LeBron James and Melbourne-born Kyrie Irving.
The appointment signals the firm's intent to deepen its US footprint by drawing on athlete relationships to source and support founders. The primary source does not disclose fund size, capital commitments or specific portfolio targets for the US expansion, and those details were not available in the reporting reviewed.
Love has been named a new venture partner with the firm. His role requires him to recruit athletes into the firm's network and to connect Athletic Ventures with Australian founders living in the US. Love brings an 18-season NBA career to the role, including a 2016 championship with the Cleveland Cavaliers alongside LeBron James and Melbourne-born Kyrie Irving.
The appointment signals the firm's intent to deepen its US footprint by drawing on athlete relationships to source and support founders. The primary source does not disclose fund size, capital commitments or specific portfolio targets for the US expansion, and those details were not available in the reporting reviewed.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.